Application of blockchain in the energy sector

The potential for the use of blockchain within the energy sector is in focus of the third video in the Horizons series, co-produced by DOB-Academy and Offshore WIND with an aim to cover offshore wind topics in an easily digestible way.

Blockchain remains a hard to understand concept. Some say it will change the way we do business, others fear what sharing data will mean for future transactions. Last year, Offshore WIND spoke to Tom Fürstner, Founder and CTO of Riddle&Code. The company cooperated with Brazilian onshore energy provider EDP to use blockchain technology for the measurement and recording of energy consumption and distributed energy coming for EDP’s consumers.

Check out our third Horizons animation to have a quick look at how blockchain could be applied to the energy sector: